ETC 6 Meridian Low Beta Equity Strategy ETF (NYSEARCA:SIXL) Declares Monthly Dividend of $0.05

ETC 6 Meridian Low Beta Equity Strategy ETF (NYSEARCA:SIXL) declared a monthly dividend on Tuesday, February 24th. Shareholders of record on Wednesday, February 25th will be given a dividend of 0.0533 per share on Friday, February 27th. This represents a c) annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Wednesday, February 25th.

ETC 6 Meridian Low Beta Equity Strategy ETF Stock Down 0.5%

Shares of SIXL stock traded down $0.21 during mid-day trading on Wednesday, reaching $39.10. The stock had a trading volume of 527 shares, compared to its average volume of 4,303. ETC 6 Meridian Low Beta Equity Strategy ETF has a one year low of $34.20 and a one year high of $39.31. The firm has a market cap of $196.69 million, a PE ratio of 17.82 and a beta of 0.62. The firm’s 50 day simple moving average is $37.81 and its 200 day simple moving average is $37.14.

ETC 6 Meridian Low Beta Equity Strategy ETF Company Profile

The ETC 6 Meridian Low Beta Equity Strategy ETF (SIXL) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of US stocks selected for fundamental factors of growth and low volatility. Securities are equally weighted. SIXL was launched on May 11, 2020 and is managed by Meridian.